Mondi has reported loss in the first half of 2026 (H1 2026), hit by asset impairment charges, lower average selling prices, and rising input costs.
The packaging company’s net loss for the period attributable to shareholders stood at €255m ($293.95m), compared with a profit of €63m in H1 2025
It posted operating loss of €178m in H1 2026, reversing an operating profit of €303m in the same period of 2025. Revenue for the half-year edged up to €3.98bn from €3.91bn, primarily due to contributions from acquired Schumacher plants, while underlying EBITDA [earnings before interest, taxes, depreciation and amortisation] dropped to €379m from €564m. For H1 2026, the group recorded an operating loss of €178m, against an operating profit of €303m a year earlier.
In corrugated packaging, underlying EBITDA came to €148m, with a margin of 7.5%, down from €284m and 15.0% in H1 2025. The decline reflected lower average selling prices, increased energy costs and a forestry fair value loss of €35m in the period, compared with a forestry fair value gain of €18m in the prior-year period. Flexible packaging generated underlying EBITDA of €251m, with a margin of 12.4%, versus €302m and 14.8% a year earlier.